Access to Financing Crucial for the Future of Agriculture in West Africa

In West Africa, agriculture is a key economic driver, but faces challenges hindering its potential for socio-economic development. Transitioning from subsistence farming to sustainable agro-industry is vital. The region’s vast arable land presents an opportunity, but only with local processing can true value be created. Côte d’Ivoire’s success in processing cashews locally demonstrates this potential. To unlock the sector’s potential, investments in infrastructure, innovation, and skills are crucial, alongside legislative and financial support. The private sector can play a pivotal role by fostering innovation, providing training, and creating stable jobs. Initiatives like the “Fork to Farm” approach by the Mastercard Foundation offer strategic opportunities. Collaboration between public and private sectors is essential for a prosperous future.